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H.R. 2066 119th Congress House

Investing in All of America Act of 2025

Official title: To amend the Small Business Investment Act of 1958 to exclude from the limit on leverage certain amounts invested in smaller enterprises located in rural or lo… Show full official titleShow less

Official title: To amend the Small Business Investment Act of 1958 to exclude from the limit on leverage certain amounts invested in smaller enterprises located in rural or low-income areas and small businesses in critical technology areas, and for other purposes.

Introduced: March 11, 2025 Introduced by: Daniel Meuser Republican · Pennsylvania See on congress.gov
Commerce Business investment and capitalCongressional oversightInflation and pricesRural conditions and developmentSmall business
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 Everywhere this bill has been 20 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 19, 2026
Became Public Law No: 119-92.
May 19, 2026
Signed by President.
May 12, 2026
Presented to President.
Apr 16, 2026
Message on Senate action sent to the House.
Apr 15, 2026
Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
Apr 15, 2026
Passed Senate without amendment by Unanimous Consent. (consideration: CR S1789-1790)
Apr 15, 2026
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Dec 2, 2025
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Dec 1, 2025
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)
Dec 1, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 2066.
Dec 1, 2025
Considered under suspension of the rules. (consideration: CR H4918-4919)
Dec 1, 2025
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
Dec 1, 2025
Motion to reconsider laid on the table Agreed to without objection.
Dec 1, 2025
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4918)
Aug 15, 2025
Reported (Amended) by the Committee on Small Business. H. Rept. 119-227.
Aug 15, 2025
Placed on the Union Calendar, Calendar No. 185.
Jul 22, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 0.
Jul 22, 2025
Committee Consideration and Mark-up Session Held
Mar 11, 2025
Introduced in House
Mar 11, 2025
Referred to the House Committee on Small Business.
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 Latest action May 19, 2026

Became Public Law No: 119-92.

 Plain-English summary Congressional Research Service

Investing in All of America Act of 2025

This bill modifies the limit on the amount of financing available to a Small Business Investment Company (SBIC) from the Small Business Administration (SBA). It also expands the definition of private capital with respect to SBICs.

Specifically, the bill reduces the maximum outstanding financing available to an SBIC from 300% to 200% of the SBIC's private capital. The bill increases from $350 million to $475 million the maximum financing available to two or more commonly controlled SBICs that make quarterly or semiannual interest payments.

The bill also expands the amounts that may be excluded from the calculation of the financing limit to include the amounts an SBIC invests in (1) rural areas, (2) certain technology categories, or (3) small manufacturers. The bill revises the cap on such excluded amounts to the lesser of $125 million or the aggregate of 50% of the private capital of the SBIC.

Additionally, the bill expands what is considered the private capital of an SBIC to include funds obtained from the business revenue of additional government-sponsored corporations and funds invested by the trust or endowment of a college or university.

 Hearings & markups 2
 Related & companion bills 2
  • S 3341 Public law contains the text Investing in All of America Act of 2025
  • S 1917 Investing in All of America Act of 2025
 Bill text 6 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 6

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

 Cosponsors 8
All 8 Democratic 4 Republican 4
D
Vindman, Eugene Simon
Virginia · Jul 25, 2025
 R
LaLota, Nick
New York · Apr 7, 2025
 D
Davids, Sharice
Kansas · Mar 31, 2025
 D
Davis, Donald G.
North Carolina · Mar 31, 2025
 R
Fitzpatrick, Brian K.
Pennsylvania · Mar 31, 2025
 R
King-Hinds, Kimberlyn
Northern Mariana Islands · Mar 31, 2025
 R
Wied, Tony
Wisconsin · Mar 25, 2025
 D
Scholten, Hillary J.
Michigan · Mar 11, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2066: Investing in All of America Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-2066/
MLA
"H.R. 2066: Investing in All of America Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-2066/.
Bluebook (legal)
H.R. 2066, 119th Cong. (2026), https://openamerica.io/bill/119-HR-2066/.
Markdown link
[H.R. 2066: Investing in All of America Act of 2025](https://openamerica.io/bill/119-HR-2066/)
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